Riverhouse Hotel

• 221-room full service hotel and 53,000 square feet of state-of-the-art convention facilities.
• Located along the picturesque Deschutes River in Bend, OR.
• Acquired in August 2015.
• Business plan to complete a top-to-bottom guest room and public space renovation to mirror the quality of the recently completed convention facilities, and increase market penetration through improved sales and marketing.

Investment Highlights

• Completed $10.6m renovation program including fully renovating all guest rooms, and relocating and expanding the lobby, restaurant and bar/lounge.
• Overhauled the sales and marketing team and reservation process to improve hotel performance and positioning.
• Added a full service spa to further amenitize the hotel.
• Sold in April 2022.